More than 125 album variations now span 25+ series and collections, as Whitman expands the line with a modern U.S. Type Collection, new Proof Set albums, digital registry sets, and My First Album™ starter collections for the next generation of collectors.
Among circulation strikes, relatively few, perhaps 10%, are of the Reverse of 1938, with indistinct lettering with perhaps 1 in 1,000 having 5 Full Steps (see Nagengast). The rest are with the Reverse of 1940 with sharper details in the hub and master die. The vast majority of Proofs are with the Reverse of 1938 with somewhat indistinct areas to the steps. Relatively few Reverse of 1940 coins exist (including a remarkable cache of 30 in the 1985 Bowers and Merena sale of the Abe Kosoff estate), but most have 6 Full Steps.
Obverse Description
Felix Schlag's portrait of Jefferson, facing left, with the motto IN GOD WE TRUST on the left periphery, and LIBERTY * [year] on the right side.
Reverse Description
The Jefferson home is prominently centered with the name MONTICELLO captioned below. The denomination FIVE CENTS is spelled out in half circle underneath and the words E PLURIBUS UNUM and UNITED STATES OF AMERICA appear at the top and bottom periphery.
Source: Q.David Bowers
Catalog Information
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Subject: I would like to contribute catalog info to CDN for 1939 5c Reverse of 1938 MS
Body: Referring page: http://www.greysheet.com/prices/item/1939-five-cents-reverse-1938-jefferson-nickel/gsid/3164 GSID: 3164 Title: 1939 5c Reverse of 1938 MS
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$1,900 | $1,234 |
| MS68 | - | $1,500 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
Greysheet News
Newly discovered 1867-S Half Eagle also shatters previous auction record in $10.665 million U.S. coins event; 1934 $10,000 Federal Reserve Note Leads $8.7 million U.S. currency auction.
CAC approved and CACG encapsulated coins fared well in public sales during the month of September 2026.





